Cheap Homes for Rent in Lakewood Neighborhood of New Orleans, LA from $800 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakewood area of New Orleans.

property at 213 Rosebud St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

213 Rosebud St

MetairieLA70005
property at 213 Rosebud St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Now

213 Rosebud St

MetairieLA70005
property at 3219 Fern St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

3219 Fern St

New OrleansLA70125

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 8812 Oleander St

$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

8812 Oleander St

New OrleansLA70118
property at 2520 Leonidas St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2520 Leonidas St

New OrleansLA70118

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 2502 Monroe St

$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2502 Monroe St

New OrleansLA70118

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 5643 Charles Pl

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

5643 Charles Pl

New OrleansLA70124
property at 8925 Colapissa St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

8925 Colapissa St

New OrleansLA70118

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2732 Whitney Pl

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

2732 Whitney Pl

MetairieLA70002
property at 2732 Whitney Pl

$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

2732 Whitney Pl

MetairieLA70002

Lakewood, New Orleans, LA Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of New Orleans, LA is a Studio unit found at Lake Villa priced from $765. Metairie Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lakewood apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Lake VillaStudioStudio,1BA$765
Metairie Lake ApartmentsType A1BR,1BA$1,000
6564 Fleur De Lis Dr1 Bed / 1 Bath1BR,1BA$1,000
St. MichaelStudioStudio,1BA$1,079
Esplanade at City ParkNAPOLEONStudio,1BA$1,199
Studio Arms ApartmentsOne Bed/One Bath1BR,1BA$1,200
Metairie Plaza Apartments2 Beds, 2 baths2BR,2BA$1,250

Best Value Apartments for Rent in Lakewood, LA

As of April 03, 2026 the best value apartment in the Lakewood area is the $1.17 price per square foot 117 28th St Model at 117 28th St, Unit 117 28th St in the in the City Park neighborhood starting from $2,100. The second greatest value Lakewood apartment is the 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,659 with a $1.09 price per square foot in the Navarre neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
117 28th St, Unit 117 28th St117 28th St3BR,2.5BA$1.17
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.09
8537 Forshey St, Unit 85398537 Forshey St3BR,2BA$1.20
Daytona3 Bedrooms, 2 Baths3BR,2BA$1.13
Metairie Plaza Apartments3 Beds, 2 baths3BR,2BA$1.39
Blue Plate Artist LoftsOne Bedroom Loft1BR,1BA$1.38
1212 Brockenbraugh Ct, Unit Apt D1212 Brockenbraugh Ct2BR,1BA$1.41
3026 Short St, Unit C3026 Short St1BR,1BA$1.43
Metairie Lake ApartmentsType A1BR,1BA$1.44
3031 Mistletoe St, Unit D3031 Mistletoe St1BR,1BA$1.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lakewood, New Orleans, LA

Ranked #26

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 252 Apartments for Rent in Lakewood, LA with pricing that ranges from $795 to $11,178. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $850 to $4,300.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $850 to $4,300 with an average monthly rent of $2,205.

How much are larger Three and Four Bedroom Rentals in Lakewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,300 to $2,766, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,545.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

Written by: Melissa Maxwell

New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.